The Video Game Industry Celebrated Pride with a Bear Market (News Show): The pandemic boon is quickly becoming a memory as inflation, rising prices, and a thin release slate put pressure on developers and publishers. Also: Activision workers list demands for workplace safety, the Communications Workers of America back Microsoft’s Activision acquisition, and Québec may be set to quash its local game scene.
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TIME STAMPS
- [00:02:16] – Microsoft Matches Epic Games Store Revenue Share on PC
- [00:11:08] – A Brief Conversation About Inflation, the Cost of Debt, and How the Video Game Industry is being affected
- [00:18:04] – Investment Interlude
- [00:29:27] – Quick Hits
- [00:31:08] – Labor (Activision Workers List Demands, The CWA backs Microsoft’s Activision Acquisition, Quebec Government Puts Squeeze on Video Game Studios, Layoffs)
SOURCES
- Microsoft shakes up PC gaming by reducing Windows store cut to just 12 percent | The Verge
- Delayed Steam pre-order hit The Day Before developer defends use of unpaid volunteers | Eurogamer
- Sex and Gender Discrimination at Activision | ABK Watch
- Major Workers’ Union Backs Microsoft’s Activision Blizzard Deal in FTC Letter | The Hollywood Reporter
- Québec video game industry will be impacted by controversial language law | Eurogamer
- Unity is reportedly laying off hundreds of employees | Game Developer
- Niantic is laying off about 90 employees and canceling four projects | Engadget
- Adjust And AppLovin Lay Off 12% Of Their Workforce Amid Economic Downturn | Ad Exchanger
INVESTMENT INTERLUDE
- Scoop: Joffre Capital to buy majority stake in gaming company Playtika | Axios
- Playtika gets new $8.7b. majority stakeholder | The Jerusalem Post
- Blizzard Entertainment Acquires Boston-Based Studio Proletariat to Expand Development Pipeline for World of Warcraft | Blizzard
- WILDLIFE STUDIOS ESTABLISHES ITS FIFTH STUDIO, MOON TAVERN GAMES… | Games Press
- Omeda Studios raises $20m for Predecessor | GamesIndustry